Stock Exchange of Thailand steps up supervision of listed companies

The Stock Exchange has strengthened its oversight of registered companies at every stage, from company registration to ongoing supervision.

The Stock Exchange of Thailand (SET) has recently taken significant steps to enhance its supervision of listed companies. These measures aim to strengthen the financial and operational capabilities of registered companies, improve the quality of listed firms, and increase investor confidence.

Here are some key takeaways from these changes:

1. Enhanced Criteria for Listing: The revised criteria include raising the qualifications for listing on the Stock Exchange of Thailand. This ensures that companies meet higher standards before being listed. Additionally, clearer warning signs are provided to investors in case of financial risks or non-compliance with specified criteria.
2. Revocation Grounds: The SET has introduced grounds for revocation of listed company status. If continuous business is not maintained or free float requirements are not met, a company’s listing status may be revoked. These changes will gradually take effect from March 25, 2024.
3. Improved Information Disclosure: To ensure that investors receive comprehensive and clear information, there has been an improvement in the disclosure of events that may affect a company’s financial status and operations.
4. Collaboration with SEC: Mr. Phakorn Peetathawatchai, Director and Manager of The Stock Exchange of Thailand, has announced continuous collaboration with the Securities and Exchange Commission (SEC). They study, review, and enhance various criteria to align with the current situation.
5. Consideration of Qualifications: The SET has also improved the consideration of qualifications for Backdoor Listing and Resume Trading, aligning them with New Listing standards.
6. Enhanced Disclosure: The disclosure of the names of securities holders has been enhanced to provide investors with more comprehensive information.

These changes aim to foster confidence and stability in the Thai capital market while ensuring that listed companies maintain high standards in their financial performance and operations . If you have any further questions or need additional information, feel

This aims to enhance the financial and operational capabilities of registered companies. Furthermore, there has been an improvement in the disclosure of information to ensure that investors receive comprehensive and clear information to notify them of any events that may affect the company’s financial status and operations.

Mr. Phakorn Peetathawatchai, Director and Manager of The Stock Exchange of Thailand, has announced that the Stock Exchange of Thailand is continuously collaborating with the SEC to study, review, and enhance various criteria to align with the current situation.

The latest Stock Exchange Criteria have been revised to strengthen the supervision of listed companies throughout the entire process, from registration and maintaining status as a listed company to revocation.

Furthermore, there have been improvements in the consideration of qualifications for Backdoor Listing and Resume Trading, aligning them with New Listing standards, effective from March 25, 2024.

These revisions aim to improve the quality of listed companies, increase the disclosure of information, and provide warnings to investors in order to foster confidence and stability in the Thai capital market.

Additionally, the disclosure of the names of securities holders has been enhanced to provide investors with more comprehensive information. These changes came into effect on February 19, 2024, and the Stock Exchange Criteria have been revised in four important areas.

Source : Stock Exchange Raise the level of supervision of listed companies in the entire process. Gradually effective from 25 March 2024 onwards.